Why HubSpot Rallied Today
HubSpot(HUBS) fool.com·2024-05-28 19:41
A potential offer from Google parent Alphabet is confirmed. Shares of HubSpot (HUBS 9.04%) were rallying on Tuesday, up 8.9% as of 3:24 p.m. ET. Today, CNBC's David Faber reported that the recent rumors of acquisition talks between HubSpot and Google parent Alphabet (GOOG 0.69%) (GOOGL 0.56%), which have been circulating for about a month, were true. Moreover, the potential acquisition would be an all-stock deal. That's interesting and somewhat surprising, and could result in an even bigger benefit for HubS ...